Mercury 3 vs Mistral Large 4

Price, context window & benchmark comparison

Inception

Mercury 3

Inception
$0.10 / $0.35
Input / Output · per 1M tokens
VS
Mistral AI

Mistral Large 4

Mistral AI
$0.70 / $2.10
Input / Output · per 1M tokens
Compare different models
Inception
Mistral AI
Verdict: Mercury 3 is 6.5× cheaper than Mistral Large 4 on a typical 3:1 input/output mix. Mistral Large 4 has the larger context window (1M vs 1M).
Mercury 3Mistral Large 4
Input price / 1M$0.10$0.70
Output price / 1M$0.35$2.10
Blended price (3:1)$0.16$1.05
Cached input / 1M$0.01$0.07
Context window1M1M
Max output131K262K
Intelligence index—26
Coding index——
Providers—3
Best provider uptime (30m)—100.0%
Vision inputNoYes
ReasoningYesYes
Tool callingYesYes
Released2026-10-162026-10-06
Retirement——

Cost calculator

FAQ

Which is cheaper, Mercury 3 or Mistral Large 4?

Mercury 3 is 6.5× cheaper than Mistral Large 4 on a typical 3:1 input/output mix.

Mercury 3 vs Mistral Large 4: which has a bigger context window?

Mercury 3: 1,000,000 tokens. Mistral Large 4: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Mercury 3 ≈ $375.00, Mistral Large 4 ≈ $2,450.

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